The company expects an increase in demand for lithium batteries in Egypt and the region driven by the growth of the environmentally friendly transport
The share of electric vehicles in the Egyptian car fleet is expected to increase from mid-2023.
The green methanol plant aims to have an annual production capacity of 40,000 tons of green methanol with the aim to be increased to 200,000 tons.
Founded in 1979 and listed on EGX in 1997, Oriental Weavers has emerged as a producer of machine-woven carpets and rugs.
More than 70 designers are showcasing their collections and many events have taken place inside famous attractions such as the old Egyptian Museum.
The factory is now working to start manufacturing one of the most state-of-the-art artillery systems in the world, the K9 A1 EGY howitzer system.
The inaugural edition of the Egyptian Fashion Week will kick off at the Egyptian Museum in Cairo on Friday.
Textile manufacturing is Egypt’s second-largest industry, but it was severely impacted by the pandemic and now the country’s economic downturn.
The inauguration ceremony was attended by Benoît Coquart, global company CEO, and Nicolas Hobeilah, Legrand Managing Director in Egypt.
As per the feasibility study of the project, the value of the final product from the first phase is estimated to stand at $340 per ton.
Sorma Group highlighted the importance of its relationships for the company’s growth ever since its launch in 1973.
Egypt’s initiative enabling citizens outside the country to import cars free of customs duties and taxes has brought in $713 million in transfers.
Between the Egyptian Electricity Transmission Company (EETC) & the Norwegian Scatec Company, an MoU has been signed.
He accentuated the importance of localizing the nuts and bolts of local industry production lines’ components.
Samsung’s investments in Egypt have reached over $500 million so far.
The Egyptian Electricity Transmission Company (EETC) and the Norwegian Scatec Company signed an MoU
A young demography and growing demand for premium cars will further boost Africa’s second largest automotive market.
The Egyptian cabinet approved an MoU with Norway, signed in November, to study connecting Egypt’s electricity grid to Europe through Italy.
Toyota Tsusho, a Japanese car maker, announced plans to establish two car factories in Africa, with an annual production capacity of 100k cars each.
The Egyptian Customs Authority has increased the fees of imported cars with a temporary release system, known as triptik vehicles.